Professional Tax is a Tax which is levied by the State Government on the Income earned by the way of profession, trade, calling or employment. Professional Tax in India is collected by some state governments themselves while in several other states which have active Panchayats, the local bodies themselves levy and this tax. This form of tax was first levied in India in the year 1949 and the power to levy Professional Tax has been given to the States by way of Clause (2) of Article 276 of the Constitution of India.
In case of Salaried employee and Wage earners, the Professional Tax is liable to be deducted by the Employer from the Salary/Wages and the Employer is liable to deposit the same with the state government. In case of other class of Individuals, this tax is liable to be paid by the person himself.
Profession Tax is applicable in following states in India and as per state government Profession Tax Rate, it collecte from profession, trade, calling or employment.
1. Maharashtra
2. New Delhi
3. Karnataka
4. West Bengal
5. Madhya Pradesh
6. Tamil Nadu
7. Andhra Pradesh
8. Gujarat
Where you register for Profession Tax ?
After deducting P.T. from Employee every month as per slab then it is necessary to submit annual Profession Tax Return within stipulated time.
Download Latest Annual Profession Tax Return in FORM-III-B
In case of Salaried employee and Wage earners, the Professional Tax is liable to be deducted by the Employer from the Salary/Wages and the Employer is liable to deposit the same with the state government. In case of other class of Individuals, this tax is liable to be paid by the person himself.
Profession Tax is applicable in following states in India and as per state government Profession Tax Rate, it collecte from profession, trade, calling or employment.
1. Maharashtra
2. New Delhi
3. Karnataka
4. West Bengal
5. Madhya Pradesh
6. Tamil Nadu
7. Andhra Pradesh
8. Gujarat
Where you register for Profession Tax ?
After deducting P.T. from Employee every month as per slab then it is necessary to submit annual Profession Tax Return within stipulated time.
Download Latest Annual Profession Tax Return in FORM-III-B
